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20130113
20130121
Search Results 0 to 2 of about 3 (some duplicates have been removed)
. >> senator cruz, house republicans have taken a step back on this debt ceiling standoff. should it be raised. this is how "the new york times" described it over the weekend. i'll put it up on the screen and have you react to it. backing down from the hardline stance, house republicans said friday they would agree to lift the limit for three months with the requirement that both chambers of congress pass a budget in that time to clear the way for negotiations on long-term deficit reduction, to add muscle to the efforts to bring democrats to the table, they would include a provision in the debt ceiling legislation saying that lawmakers will not be paid if they do not pass a budget blueprint. was it right to step back from challenging the president over raising the debt ceiling? >> well, i think the house proposal is a step in the right direction. no doubt the senate hasn't done it's job. it's been nearly four years since it's passed a budget. but it doesn't go nearly far enough. we have a crisis. i just got back last week from afghanistan. and i had multiple servicemen and women clasp me on th
proposal is a political statement but there's no way that become a legislative reality. chris: debt ceiling coming up very fast next couple of weeks. how bad is it going to get? >> i think it can be very bad. both sides have positions that are -- genuinely playing chicken and both are prepared to crash the car. i think if anything this is more stark than the crisis that we had. chris: who gets blamed? by the american people when we see the government stop and our credit rating get bounced down again? >> republicans would and they know that. chris: they win. >> they're afraid of a debt ceiling confrontation or actually defaulting on the debt. they don't want to be blamed for that. >> the tea party people are not here to legislate. they're here to de'mon strailt. -- to demonstrate. they didn't get to do it on the fiscal cliff in the end. they want to do it to something and go over the edge. and this will take them over the edge and they will lose politically and the president is going to have to scramble to shut things down. and credit ratings will be affected. chris: when is the public going
Search Results 0 to 2 of about 3 (some duplicates have been removed)